US 10-YR 3.848%
Stock futures inch up with all eyes on Powell’s key Jackson Hole speech – CNBC
Expecting dovish yakking from powell, eh ?
Player expectations are pricing rate cuts over the next three meetings, at least one of them being 50pts.
What are the odds of powell being bigger dove than he is currently perceived ?
How about powell wanting it both ways, i.e talk “caution” ?
Yakker Deck is expecting a profusion
– Bostic (on TV 2x this morn before powell)
– Goolsbee practically everywhere and nearly all the time in the afternoon
